Pakistan: Vegetable exports up, fruit exports down in first quarter
According to the data, the total vegetable exports during September 2012 stood at US$ 8.003 million against the exports of US$6.756 million in September 2011 and US$10.501 in August 2012. On the other hand, the fruit exports in the first quarter of the current year decreased by 4.24 percent to US$61.714 million when compare to the exports of US$64.447 million recorded in the same period of last year. The exports of fruit in September 2012 decreased by 3.19 percent and 21.59 percent when compared to the exports of Septemer 2011 and August 2012 respectively.
The fruit exports during September 2012 stood at US$ 20.510 million against the exports of US$21.185 million in September 2011 and US$26.158 in August 2012. The overall food exports were recorded at US$878.680 million in the quarter under review against the exports of US$993.352 million during the same period of last year. The overall exports from the country witnessed positive growth of 4.26 percent while the imports decreased by 2.37 percent during the first quarter, indicating a positive trends in the overall trade volume of the country. Exports from the country during July-September (2012) were recorded at US$6.187 billion against the exports of US$5.934 billion during the same period of last year. On the other hand, the imports into the country decreased from US$11.117 billion last year to US$10.853 billion during the current fiscal year, the data revealed. Based on these figures, the overall trade deficit has been recorded at 9.9 percent as it shrunk reduced from the deficit of US$5.183 billion last year to US$4.666 this year.
Source: www.brecorder.com